secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2026-08-04T21:01:13+00:00
Accession:  0001437749-26-025707
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech Q2 2026 net loss widens to $1.2M; CEO Vincent Arnone to be succeeded by Ramesh Nuggihalli
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- Q2 2026 revenue $6.5M (+17% YoY); net loss $(1.2)M vs $(0.7)M; EPS $(0.04) vs $(0.02).
- APC segment revenue $2.8M (+11%), backlog $14.3M (double Dec 2025); FUEL CHEM revenue $3.7M (+21%).
- CEO Vincent Arnone to step down; Ramesh Nuggihalli named President and CEO effective Aug 10, 2026; Arnone remains on Board.
- Cash and investments $30M, no debt; stockholders' equity $37.4M ($1.20/share).
- Adjusted EBITDA loss $(1.2)M vs $(0.9)M; gross margin declined to 41% from 46%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774926025707/0001437749-26-025707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774926025707/ftek20260727_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-025707

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer